MetroCity Bankshares
MCBS
55 hedge funds and large institutions have $92.9M invested in MetroCity Bankshares in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 20 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
7% more capital invested
Capital invested by funds: $87M → $92.9M (+$5.93M)
6% more funds holding
Funds holding: 52 → 55 (+3)
0% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 20
0.67% less ownership
Funds ownership: 19.34% → 18.67% (-0.67%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$623K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$317K |
| 3 |
Mariner
Overland Park,
Kansas
|
+$232K |
| 4 |
SG Americas Securities
New York
|
+$172K |
| 5 |
Charles Schwab
San Francisco,
California
|
+$89.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.25M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.05M |
| 3 |
BlackRock
New York
|
-$630K |
| 4 |
Bank of New York Mellon
New York
|
-$216K |
| 5 |
Goldman Sachs
New York
|
-$183K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $3.82K | -$114K | -5,737 | -97% |
|
52
Comerica Bank
Dallas,
Texas
| $3.78K | +$3.83K | +192 | New |
|
53
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $689 | +$697 | +35 | New |
|
54
Nisa Investment Advisors
St. Louis,
Missouri
| $157 | – | – | – |
|
|
55
First Trust Advisors
Wheaton,
Illinois
| – | -$1.05M | -58,599 | Closed |
|
|
C
56
Covestor
London,
United Kingdom
| – | -$658 | -33 | -60% |
|
|
IA
57
IFP Advisors
Tampa,
Florida
| – | -$286 | -16 | Closed |
|
MCBS Hedge Fund Activity: Q3 2023 in Review
55 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in MetroCity Bankshares (MCBS) for Q3 2023, worth a combined $92.9M — up 6.8% from $87M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MCBS positions and 2 closed out — a net gain of 4 holders — while 20 added to existing stakes and 20 trimmed.
The largest buyer was Dimensional Fund Advisors, adding an estimated $623K. The largest seller was Vanguard Group, cutting an estimated $1.25M.
- 55 institutional investors held MetroCity Bankshares (MCBS) as of Q3 2023, up from 52 in Q2 2023.
- Funds reported $92.9M of MetroCity Bankshares stock for Q3 2023, up 6.8% quarter-over-quarter.
- 6 funds opened new MetroCity Bankshares positions in Q3 2023 and 2 closed out, a net change of +4 holders.
- The largest MetroCity Bankshares buyer in Q3 2023 was Dimensional Fund Advisors, an estimated $623K added.
- The largest MetroCity Bankshares seller in Q3 2023 was Vanguard Group, an estimated $1.25M sold.
Based on aggregated 13F filings for Q3 2023.